Sep 23, 2011

Day One of Strategic Management

E:
German--not so much my thing. Strategic Management -- what a refreshment to be able to follow and understand what’s going on. My teacher is quite entertaining, a life saver for the fact that the class is almost a 4th of a whole day... 5 hours.
During the lecture, the professor asked, “Who is Porsche’s competition?” He got responses like Ferrari and BMW. Since I spent a summer listening to CBC radio, I was able to apply my knowledge gained from The Age of Persuasion with Terry O’Reilly. “Louis Vuitton,” I responded, “Porsche competes with other luxury brands.” The demand isn’t transportation, but for a status item. It just happens to be a car. The professor loved the answer and proceeded on with that idea for a little while. I regained a portion confidence lost from the German classes earlier this week.
A quick note on the spiritual side: I prayed that I’d be able to get into a good group for the group work part of the course. The answer to my prayer came rather easily. Two of the native students came over to me and another exchange student, whom I was sitting next to, and asked if we wanted to be a group together. They seem to be the sort of students that will be good to work with, and our group happens to have both locals and exchange students. We also picked up one more exchange student at the end of class who will be good.

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